Collateralized mortgage obligation

BNP Paribas Adopts Bloomberg Core Mortgage Premium Solution

Retrieved on: 
Wednesday, September 8, 2021

NEW YORK, Sept. 8, 2021 /PRNewswire/ --Bloomberg today announced that BNP Paribas has adopted the Bloomberg Agency Model (BAM) for their mortgage trading business through Bloomberg's Core Mortgage Premium (CMP) solution.

Key Points: 
  • NEW YORK, Sept. 8, 2021 /PRNewswire/ --Bloomberg today announced that BNP Paribas has adopted the Bloomberg Agency Model (BAM) for their mortgage trading business through Bloomberg's Core Mortgage Premium (CMP) solution.
  • CMP provides daily overnight analytics of Mortgage Backed Securities (MBS) such as Specified Pools (Specs), Collateral Mortgage Obligations (CMO), and To Be Announced securities (TBA).
  • These tools give users full control over input assumptions and predictive model parameters, providing a consistent set of analytics with mortgage functionality on the Bloomberg Terminal and other Bloomberg solutions, such as the Bloomberg Indices and MARS.
  • Russel Parentela, Global Head of Cash Structured Products at Bloomberg, said: "We are pleased Bloomberg is able to support BNP Paribas' mortgage strategy through their adoption of CMP solution and BAM model.

Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-Links® Exchange Traded Notes (the "ETNs")

Retrieved on: 
Tuesday, June 8, 2021
Finance, Financial markets, Fixed income analysis, Money, Bond valuation, Coupon, Current yield, Yield, Exchange-traded note, Collateralized mortgage obligation

The Current Yield, which is based on an ETN's Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs.

Key Points: 
  • The Current Yield, which is based on an ETN's Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs.
  • The Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero.
  • The Expected Current Yield, which is based on an ETN's Expected Coupon Amount and its two most recent coupon payments, is not indicative of future coupon payments, if any, on the ETNs.
  • The Expected Coupon Amount for any ETN may vary significantly from coupon period to coupon period and may be zero.

Turkiye Garanti Bankasi A.S.: Coupon and Principal payments of Bank Bonds to Qualified Investors

Retrieved on: 
Friday, December 4, 2020
Bond valuation, Finance, Bond, Coupon, Investment, Money, Fixed rate bond, Collateralized mortgage obligation

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • The sixth coupon and principal payments of the bank bonds in the nominal value of TRY 20,770,024 with a maturity of 183 days with monthly fixed coupon payments ; are done on 04.12.2020.

KBRA Releases Research - KBRA Credit Brief: Mortgage Rates - How Low Can They Go?

Retrieved on: 
Monday, October 5, 2020
Banking, Professional services, Insurance, Finance, Mortgage, Finance, Money, Structured finance, Loans, Mortgage loan, Economy, Refinancing, Mortgage-backed security, Collateralized mortgage obligation

Our analysis focuses on the below areas:

Key Points: 
  • Our analysis focuses on the below areas:
    Refinance activity will remain high as originators have room to further lower mortgage rates to spread levels more commensurate with the historical relationship between mortgage rates and the 10-year Treasury rate.
  • As demand for refinance softens over time, originators can reduce mortgage rates further to modulate volume.
  • We estimate that prepayments may increase as much as 60%-70% after a mortgage rate cut by 50 basis points from todays rates versus expected prepayments on loans originated today if mortgage rates were to remain flat.
  • Continued periods of low rates and high prepayment speeds will help mitigate increased default risk owing to increases in non-performing loans.